The radioactive disposal is a massive issue in regards to rare earth. VTM having very low grades is exactly what you want. Disposal of radioactive waste products costs money and is not a good thing in this day and age of saving the planet.
It is these seldom discussed side issues in which the market does not fully understand. Right now focus is on average TREO and resource size. Most are not taking in to account the basket price, Acid usage, Th & U disposal, impurities. This is why I am bullish on VTM because it ticks all those boxes.
CEO is great. Give Brendan a call whenever you want. He is always willing to discuss any questions and also really want to drive the company forward.
VTM is pretty much solely focused on North Stanmore. The company was completing a JORC for the alluvial gold (The reason they are there) but the rare earth find has fully taken over.
CR already out the way a little while ago so full steam ahead towards MRE and then after that the production of a rare earth concentrate ready to go to potential off takers.
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1 | 12388 | 0.255 |
4 | 264579 | 0.250 |
3 | 122472 | 0.245 |
2 | 104000 | 0.240 |
Price($) | Vol. | No. |
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0.280 | 79688 | 2 |
0.285 | 10000 | 1 |
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